First Trust Value Line Dividend Index Fund
First Trust Exchange-Traded Fund · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
First Trust Value Line Dividend Index Fund is a U.S. equity index ETF that tracks the Value Line Dividend Index.
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
Fund profile
As filed in the prospectus · 2026 Q2
The First Trust Value Line Dividend Index Fund (the Fund ) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Value Line Dividend Index (the Index ).
The fund tracks the Value Line Dividend Index using an indexing approach, holding securities that receive a Value Line Safety Ranking of #1 or #2, pay above-average dividends relative to the S&P 500, and meet size requirements; the index equally weights its constituents and reconstitutes monthly. Because the Safety Ranking System assigns ranks weekly while the index reconstitutes monthly, the fund may hold securities no longer assigned a #1 or #2 safety rank for the remainder of a monthly period.
| Share class | Expense ratio |
|---|---|
| FVD | 0.62% |
Portfolio turnover 65.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.72% |
| Cash & short-term | 0.15% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Financials | 18.2% |
| Utilities | 16.9% |
| International | 14.5% |
| Industrials | 14.3% |
| 9 smaller | 36.1% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| REYN | REYNOLDS CONSUMER PRODUCTS INCREYN | 0.44% | $26.85 | $35.34M | 1.3M |
| RLI | RLI CORPRLI | 0.44% | $59.07 | $35.10M | 594.3K |
| SON | SONOCO PRODUCTS COMPANYSON | 0.44% | $56.35 | $35.00M | 621.1K |
| IBM | INTERNATIONAL BUSINESS MACHINES CORPIBM | 0.43% | $281.21 | $34.95M | 124.3K |
| JKHY | JACK HENRY & ASSOCIATES INCJKHY | 0.43% | $137.74 | $34.98M | 254.0K |
| MRK | MERCK & COMPANY INCMRK | 0.43% | $128.50 | $34.88M | 271.4K |
| BRO | BROWN & BROWN INCBRO | 0.43% | $64.15 | $34.52M | 538.2K |
| CMCSA | COMCAST CORPCMCSA | 0.43% | $24.55 | $34.47M | 1.4M |
| LH | LABCORP HOLDINGS INCLH | 0.43% | $280.00 | $34.49M | 123.2K |
| JNJ | JOHNSON & JOHNSONJNJ | 0.43% | $253.97 | $34.42M | 135.5K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 4.33% of net assets, top 25 10.66%, across 251 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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